Adjustments of Book Value. In the event that the Book Value of any Partnership asset is adjusted as described in the definition of “Book Value”, the Capital Accounts of all Partners shall be adjusted in accordance with Regulation Section 1.704-1(b)(2)(iv)(f) or Regulation Section 1.704-1(b)(2)(iv)(m), as applicable, to reflect such adjustment.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Lexington Realty Trust), Limited Partnership Agreement (Federal Realty Investment Trust), Limited Partnership Agreement (Lexington Master Limited Partnership)
Adjustments of Book Value. In the event that the Book Value of any Partnership Company asset is adjusted as described in the definition of “"Book Value”", the Capital Accounts of all Partners Members shall be adjusted in accordance with Regulation Section 1.704-1(b)(2)(iv)(f) or Regulation Section 1.704-1(b)(2)(iv)(m), as applicable, to reflect such adjustment.
Appears in 2 contracts
Samples: Operating Agreement (Lexington Corporate Properties Trust), Operating Agreement (Lexington Corporate Properties Trust)
Adjustments of Book Value. In the event that the Book Value of any Partnership asset is adjusted as described in the definition of “"Book Value”", the Capital Accounts of all Partners shall be adjusted in accordance with Regulation Regulations Section 1.704-1(b)(2)(iv)(f) or Regulation Regulations Section 1.704-1(b)(2)(iv)(m), as applicable, to reflect such adjustment.
Appears in 1 contract
Samples: Limited Partnership Agreement (Ramco Gershenson Properties Trust)
Adjustments of Book Value. In the event that the Book Value of any Partnership asset is adjusted as described in the definition of “"Book Value”", the Capital Accounts of all Partners shall be adjusted in accordance with Regulation Section 1.704-1(b)(2)(iv)(f) or Regulation Section 1.704-1(b)(2)(iv)(m), as applicable, to reflect such adjustment.
Appears in 1 contract
Samples: Limited Partnership Agreement (Lexington Corporate Properties Trust)
Adjustments of Book Value. In the event that the Book Value of any Partnership Company asset is adjusted as described in the definition of “"Book Value”", the Capital Accounts of all Partners both Members shall be adjusted in accordance with Regulation Section 1.704-1(b)(2)(iv)(f) or Regulation Section 1.704-1(b)(2)(iv)(m), as applicable, to reflect such adjustment.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lexington Corporate Properties Trust)
